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Policonomics » Article » Lausanne school

Lausanne school

Name that comes from the university in this Swiss city, in which marginalist economist Léon Walras taught and developed its main contributions to economics. Vilfredo Pareto, also a supporter of marginal analysis methods, whose Pareto-optimal notion deeply contributed in the development of game theory and welfare economics later on, was also part of this school.

The Lausanne School contributions to economics, as well as the marginal revolution itself, influenced Alfred Marshall and the Neoclassical School in general.

 

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